U.S. hotels will collect a record $2.47 billion in fees and surcharges during 2015, according to New York University hospitality clinical professor Bjorn Hanson. That figure is 5% higher than 2014's total, which also broke historical records.
This year's result is the product of a 3% year-over-year rise in occupied rooms, as well as increases in both the volume and dollar amount of fees and surcharges, according to Hanson.
In recent years, group business has experienced increased charges for bartenders and other event staff, special charges for set-up and breakdown of meetings rooms and administrative fees for master folio billing.
This year's result is the product of a 3% year-over-year rise in occupied rooms, as well as increases in both the volume and dollar amount of fees and surcharges, according to Hanson.
In recent years, group business has experienced increased charges for bartenders and other event staff, special charges for set-up and breakdown of meetings rooms and administrative fees for master folio billing.